Lightsail Capital Management’s Q1 2019 Investor Letter

Lightsail Capital Management is a hedge fund that was launched last year by James Basili and Torin Eastburn. The fund usually looks for small public companies that are yet unrecognized by the market, and then invest them for a while through their growth period. Recently, Lightsail Capital Management released its Q1 2019 Investor Letter, a copy of which you can download below. In the letter, the fund posted the quarterly return of 13.6% net of fees, in line with the S&P 500, and a little...